A million dollars buys a lot less house these days, and it's become the going rate for two-bedroom condos in Boston's most desirable neighborhoods.
But with this brick estate at 9 Kenmore Drive in Danvers, you get a lot of house for $1.15 million — six bedrooms, six bathrooms, an attached three-car garage and almost 10,000 square feet of living space including the finished basement.
The custom Mediterranean-style house, located in a choice neighborhood near St. John's Prep, features five marble fireplaces, oak floors with inlays, tall windows and has a showpiece entry foyer and two double-height great rooms. It's set on more than a half-acre that backs up to town-owned conservation land.
The beautiful back yard features a large slate veranda leading down to a built-in heated swimming pool with a cabana. The front and back yards are landscaped with fig, peach and apple trees and many flowering bushes.
Since it was built in 1992, the home has been in the family that owned the now-closed Despina's Place, a Greek/pizza eatery on Mass. Ave. in the Back Bay.
"This isn't a house that was built to be sold, but for someone to live in for a lifetime," said owner George Tzantyos, whose relative, original owner John Gikas, passed away in 2009.
The house can support a large extended family or someone who wants live-in help, as its finished basement has a full kitchen, bathroom, laundry room, cedar closet and several bedrooms. There are twelve heating zones and central air conditioning.
It's not the easiest house to sell, admits listing agent Gail Tyrrell of Re/Max Advantage in Salem, who recently reduced the price from $1,430,000. Although it was built with high-quality finishes, the 1990s-era colored bathroom fixtures look outdated.
"Buyers are looking for the latest and greatest finishes," Tyrrell said. "But this large home has everything else a buyer could want, all the high-end bells and whistles. To reconstruct this home today would cost well over $2 million."
But even if the kitchen could use some freshening up, it's spacious — with lots of cabinets, a central island, newer wall ovens and electric cooktop, and a glass-enclosed breakfast room with views out to the back yard.
The soaring barrel-vaulted grand foyer has granite floors and a mahogany bridal staircase with a large crystal chandelier.
Corinthian columns on either side of the foyer lead to formal living and dining rooms with inlaid hardwood floors, crown molding and floor-to-ceiling windows. The living room has a marble fireplace and the dining room a large crystal chandelier. There's also a mahogany-lined private library with another marble fireplace.
There's a great room off the foyer with 25-foot vaulted ceilings, a marble fireplace and glass doors out to the veranda and pool and a second vaulted great room off the kitchen that also opens to the veranda.
"It's a house that can hold lots of people," Tzantyos said. "The original owner did a lot of entertaining here."
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